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Automatic Exchange of Information
Ike Ekweremadu, deputy senate president, will be charged before the Code of Conduct Tribunal (CCT) next week by the office of the attorney-general of the federation (AGF), TheCable reports.
Finance Minister, Mrs Kemi Adeosun, has explained that the Voluntary Assets and Income Declaration Scheme (VAIDS) is underpinned by the existing tax laws in the country.
Mr. Hamzat Ayodele Zubair, Chairman, Lagos Inland Revenue Service (LIRS), has stated that wealthy Nigerians who have been underpaying taxes will be easily exposed if they fail to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has said federal government tax defaulters have until March 2018 to declare assets and income via the Voluntary Assets and Income declaration Scheme (VAIDS) or face the consequence.
Tax defaulters and prospective taxpayers have been advised to seize the opportunity provided by the Voluntary Assets and Income Declaration Scheme or risk having themselves exposed through data and a series of information-sharing agreements to which Nigeria is a signatory.
The Federal Government has commenced the investigation of 800,000 registered companies in the country over non-payment of tax.
The Presidency on Saturday released what it called the 57 achievements of the Muhammadu Buhari administration as the nation marks 57 years of Independence.
Former Chairman of Nigeria Football Association, Alhaji Aminu Maigari, has commended Super Eagles for their 2-0 win over Iceland.
The Deputy President of the Senate, Ike Ekweremadu, has congratulated the Super Eagles on their victory over Iceland in their second group game at ongoing FIFA World Cup in Russia.
Iceland coach Heidar Hallgrimsson declared his side were still in the race for a place in the World Cup last 16 after Friday’s 2-0 loss to Nigeria.
Xherdan Shaqiri scored a late winner to help Switzerland stun Serbia 2-1 in their second Group E game on Friday.
Coach Gernot Rohr has rated as high the Super Eagles chances of beating Argentina to qualify for the knockout rounds of the World Cup.
Sweden won an opening World Cup game for the first time since 1958 and ended a worrying goal drought with a 1-0 victory over South Korea.
The Nigeria Air Force (NAF) said its Air Task Force (ATF), engaged in the ongoing counter-insurgency war in the North East, have killed many Boko Haram terrorists in Borno State.
If the Cassava sector is properly repositioned, it is capable of saving the African continent about $1.2b, which can be redirected into the continent’s domestic economies.
Fernando Hierro says Spain face a tough challenge to reach the World Cup knockout stage following a “lucky” 1-0 win against Iran that lifted the 2010 champions to the top of their group.
Super Eagles will wear their hugely popular home kit for their next two World Cup Group D matches against Iceland and Argentina, according to a report.